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Integrated Financial Management Information System

Integrated Financial Management Information System (IFMIS) refers to the automation of public financial management (PFM) processes,  that involved budget preparation and execution to accounting and reporting, with the help of an integrated system for financial management of line ministries, spending agencies and other public sector operations. Core IFMIS system also integrates with other information systems, such as human resources, payroll & pension, e-procurement and revenue (tax and customs).

The scope of an IFMIS can vary from Government to Government to include simple General Ledger System to a comprehensive system covering Budgeting, Revenue Accounting, Expenditure Control, Debt Management, Resource Management, Human Capital Management, Payroll processing, Accounting, Financial Reporting and Auditing processes across central government or even including local government and quasi-governmental agencies.

IFMIS Features

Financials

 

 

  • General Ledger & Internal controls manager
  • Budget Execution and commitment accounting
  • Receivables
  •  Payables
  • Assets
  • Cash Management & Treasury
  • Global Consolidation system

Human Resources

 

 

  • Employee Self Service
  • Advanced benefits
  • Compensation Work bench and Performance Management
  • iRecruitment
  • Payroll, Time and Labor

Configuration & Security Settings

 

  • Customer Data Management
  • Vendor Data management
  • Product Information Management
  • Financial Consolidation

Asset Life Cycle Management

 

  • Enterprise Asset Management
  • Self Service Work Requests
  • Asset tracking
  • Property manage

Order Management

 

  • General Ledger & Internal controls manager
  • Budget Execution and commitment accounting
  • Receivables
  •  Payables
  • Assets
  • Cash Management & Treasury
  • Global Consolidation system

Project Costing

 

  • Employee Self Service
  • Advanced benefits
  • Compensation Work bench and Performance Management
  • iRecruitment
  • Payroll, Time and Labor

Procurement

 

  • Customer Data Management
  • Vendor Data management
  • Product Information Management
  • Financial Consolidation

Support Structure

Below is the high level model of the structure of the support service that can be availed for IFMIS:

  • Domain Consulting for sharing best practices
  • Business Process Re-engineering Services
  • Tailored solutions to fit customer needs
  •  Extensive training for Knowledge transfer and in-house Capacity Building
  •  Change Management Program for quick adoption.
  •  Data Optimization and Migration Support
  • Integration Design and Development.
support structure

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Contact Us

PO Box 57666-00200, Heritan House Woodlands Road, Off. Argwings-Kodhek Road Opposite to DOD Headquarters, Nairobi, Kenya

Tel. +254 738 770 186/ 734 770 187
Fax +254 202 246 186

info@technobraingroup.com